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2550 Skyfarm Drive

2550 Skyfarm Drive, Burlingame, CA 94010
Property in San Mateo
Sold Jun 27, 2012
$2,735,000
$1,641,000 by Hsbc Bank Usa
Mortgage Due Jul 01, 2042
Sold Aug 10, 1999
$1,450,000
$1,000,000 by Washington Mutual Bank Fa
Mortgage Due Sep 01, 2029
2550 Skyfarm Drive has been categorized by the local assessors in Burlingame, CA as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 13 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2550 Skyfarm Drive has 4,520 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,500 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 37,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,020 sqft. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Jun 22, 2012 for $2,735,000. That's $493.68 per sqft. Prior to that sales transaction, the property was also sold in Jul 26, 1999 for $1,450,000. 2550 Skyfarm Drive was last assessed in 2022. The total value of the property was assessed at $3,237,166. Specifically, the land the property is located on was valued at $2,438,233. While improvements on the property were assessed at a total of $798,933. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $41,085. The initial tax year of delinquency was in 2021. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 13
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,020
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 37,500
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 5,540
  • Gross Building Area: 5,540
  • Building Area: 4,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,520
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SKYFARM UNIT 3
  • Land Acres: 0.861
  • Standard Land Use Code: Single family residential
  • Legal Description 1: R1 LOT 16 SKYFARM UNIT 3 RSM 87/44-46

Ownership

  • Current Owner : VO TAN MINH
  • Current Owner 2: NGUYEN HUYEN THI PHUONG
  • Previous Owner : AREDO RICARDO R
  • Previous Owner 2: BARRIONUEVO AREDO GLADYS
  • Owner Before Previous Owner: WU HAROLD T
  • Owner Before Previous Owner 2: WU MARGARET D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: San Mateo Union High School District
  • Census Tract: 605600

Zoning

  • Zoning: R10000

Geography

  • Assessors Map Reference: 28-E4
  • Parcel: 028-401-010
  • Lot: 16
  • Latitude: 37.5607
  • Longitude: -122.377

    Address

  • Full Address: 2550 Skyfarm Dr
  • Address - House Number: 2550
  • Address - Street Name: Skyfarm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Hillsborough
  • Carrier Code: C013
  • 4-Digit Zip Code: 6346
  • Zip Code: 94010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $41,085
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 06-001

    Appraisal Valuation

  • Standard Deviation: 0.1823
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 6,034,762
  • High Value: 7,135,286
  • Low Value: 4,934,238

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,641,000
  • First Open Lien Mortgage Lender: HSBC BANK USA
  • First Open Lien Mortgage Recording Date: Jun 27, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $1,641,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2042

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,237,166
  • Assessed Land Value: $2,438,233
  • Assessed Improvements Value: $798,933

    Sales

  • Current Sale Contract Date: Jun 22, 2012
  • Current Sale Recording Date: Jun 27, 2012
  • Current Sale Transaction ID: 1057359775
  • Current Sale Price: $2,735,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-090027
  • Previous Sale Recording Date: Aug 10, 1999
  • Previous Sale Contract Date: Jul 26, 1999
  • Previous Sale Amount: $1,450,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA
  • First Mortgage Transaction Date: Jun 27, 2012
  • First Mortgage Loan Amount: $1,641,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2042

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Aug 10, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2029

About Hillsborough



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Frequently Asked Questions

What neighborhood is 2550 Skyfarm Drive located in?
The 2550 Skyfarm Drive is a located in the neighborhood of San Mateo in Hillsborough, Burlingame.
What is the average sales price for listings in 2550 Skyfarm Drive?
The average sales price for units in 2550 Skyfarm Drive is $0 currently.

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